Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,170,182
Investments
87%
Cash & Equivalents
11%
Prepaid Expenses
2%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$846,083
Deferred Revenue
82%
Payables & Accruals
18%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$955,661
$702,408
-27%
Receivables (Non-Related)
$32,000
$5,000
-84%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$58,060
$121,842
+110%
Investments
$4,462,047
$5,338,264
+20%
Property, Plant, & Equipment (net)
$1,618
-
-
Other Assets
$2,668
$2,668
+0%
Total Assets
$5,512,054
$6,170,182
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$768,668
$153,385
-80%
Grants Payable
-
-
-
Deferred Revenue
$626,250
$692,698
+11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,394,918
$846,083
-39%
Net assets
2023
2024
Change
Restricted Net Assets
$1,252,499
$1,411,382
+13%
Unrestricted Net Assets
$2,864,637
$3,912,717
+37%
Net assets
2023
2024
Change
Net assets
+$4,117,136
+$5,324,099
+29%